Personal credit card amortization schedule

You could also use annuity formulas to compute it for your own debt.

Any loan amortization schedule program would be good too.

The variables of debt balance, interest rates, payment amounts, and new charges will impact the amount of interest paid by any one card holder.

I have looked at some regular amort tables, but they are all driven by a fixed number of years to pay off a fixed debt.

I want something to show the effect of paying a small monthly amount to emphacize the danger of only paying mimimum amounts for a long time.Of course it's important to realize that this debt may never get paid.

One application would be to illustrate the damage incurred by accepting a big student load and not ever be able to pay it off.

Ted